Reminiscing My $100B Moment as India’s Forex Reserves Touch $500B
By Sophia Rodrigues
Earlier this month, India joined an elite club, becoming the fifth country in the world to have foreign-exchange reserves of over half a trillion dollars.
The milestone was reached on June 5 but as per conve...
15 Jun 2020, 03:18 PMReserve Bank of India Joins Global Peers To Calm Markets
By Sophia Rodrigues
The Reserve Bank of India is the latest central bank to issue a statement to calm financial markets as risks from coronavirus outbreak grow.
In a statement Tuesday, the RBI said it “is monitoring globa...
03 Mar 2020, 08:20 PMAnalysis: Unconventional Policy When Inflation High? India’s RBI...
By Sophia Rodrigues
Central banks typically resort to Unconventional Monetary Policy Tools when inflation rate is low and policy rate is at the Effective Lower Bound.
But one central bank is using the so-called unconventional m...
06 Feb 2020, 08:31 PMAnalysis: Would 2020 Be the Year of RBA FX Intervention?
By Sophia Rodrigues
There was one line in the recent U.S. Treasury report on foreign-exchange policies of major trading partners that went largely unreported – the one where it complimented India for its “transparent” f...
24 Jan 2020, 03:35 PMAnalysis: Unconventional For Others, Not So for RBI
By Sophia Rodrigues
Unconventional monetary policy has been one of the key themes of this year as market mulls what actions central banks, faced with the prospect of effective lower bound, take next year .
But one central bank...
23 Dec 2019, 05:57 PM